Iran threatens energy assets in Saudi Arabia, Qatar and UAE
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Aging fields and volatile markets make drilling a tough sell, even with a path cleared for permitting.
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Iran war puts at risk key pipelines, terminals and refineries that supply the world with oil and gas
Attacks by the U.S. and Israel on Iran, and Iranian missile and drone attacks on neighboring countries, have disrupted oil and gas supplies to the rest of the world — and dealt an energy price shock to the global economy.
A large gas field in the United Arab Emirates was set ablaze after a drone strike and a vital oil port was halted again, piling pressure on energy markets and supply with each day that the Iran war goes on.
As oil prices rise to $108 per barrel, Iran said parts of its oil and natural gas facilities — including the world’s largest natural gas field — were attacked. Follow for live news updates.
By Yousef Saba and Maha El Dahan DUBAI, March 2 (Reuters) - Qatar halted its production of liquefied natural gas on Monday, as Iran continued to strike Gulf countries in retaliation for Israeli and U.
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The Phillips 66 Los Angeles Refinery, shown here in a Nov. 19, 2024, file photo, has now closed. What happens next could be a test case for how the state and local communities should handle future refinery closures. (Photo by Mario Tama/Getty Images ...
By Erwin Seba and Nicole Jao HOUSTON, March 10 (Reuters) - President Donald Trump on Tuesday announced the construction of a refinery on the southern U.S. border backed by India's Reliance Industries,
Shortly after the capture of Venezuelan President Nicolas Maduro by U.S. special forces, President Donald Trump made clear that his rationale for ordering the raid included gaining access to Venezuela’s abundant crude oil reserves. The move drew ...
A convoy of crude oil tankers from the Rmeilan oil fields in Syria’s northeastern Hasakah province arrived Sunday at storage facilities
March 2 (Reuters) - Saudi Arabia shut its biggest domestic oil refinery on Monday after a drone strike, a source said, as Israeli and U.S. strikes and Iranian retaliation forced shutdowns of oil and gas facilities across the Middle East.